HCL Tech aims to double semiconductor biz in 4 yrs; needs 2 yrs to build infra

IT company HCL Technologies expects to double semiconductor services business in 3-4 years following capabilities and infrastructure that it will develop around electronic chip plants to be set by its group firm, a senior company official said here.

HCL Group is among the companies that have applied to set up electronic chip plants under the “Scheme for Compound Semiconductors” and HCL Technologies will assist HCL Corporate in end-to-end processing of chips.

“One of the focus sectors for HCL Technologies, especially in engineering services is semi chip. Our plan is to double our business.